ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Japan to aid a million members of 'lost generation' with hiring subsidies

Rare step aims to help ease estrangement from society and boost consumption

Graduates line up at a job fair in Tokyo in 2000. Many in the so-called "lost generation" struggled to find jobs due to the collapse of Japan's bubble economy.   © Kyodo

TOKYO -- The Japanese government will provide support for the employment of members of the so-called "lost generation," who graduated from high school or university into a serious job crunch after the collapse of the bubble economy in the early 1990s. The government plans to draw up support measures later this month, a government source told Nikkei.

It is a rare measure to throw a lifeline to people in their mid-30s to early 40s because they fell into a difficult labor situation compared to other generations due to harsh economic conditions both at home and overseas.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more